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This book presents an authoritative collection of the most
important papers previously published by leading scholars in the
field of trade policy and its reform.Included are sections on early
contributions to the theory of reform, world welfare and trade
reform, and reform with quotas and tariffs.
Trade liberalization has had a major impact on the world economy.
As nations continue to engage in preferential trade and with the
launching of the first World Trade Organization multilateral round,
the need to understand the consequences of trade liberalization has
never been greater.Economic Integration and International Trade is
a collection of the most important articles on international
economic integration. The volume brings an innovative approach to
the literature by using a methodology from the theory of tariffs
and reform, rather than the conventional trade diversion and
creation taxonomy, to select, organize, and unify contributions
from almost fifty years of research. Topics include: the welfare
consequences from integration, customs unions versus free trade
areas, using international income transfers to facilitate trade
liberalization, and the effects of integration on economic growth.
Economic Integration and International Trade makes an important
literature accessible to policymakers and business strategists, and
to students, researchers, and teachers of economics, international
business, political science and international relations.
This volume uses cutting-edge theory and empirical analysis of
channels of international interaction to build new knowledge about
strategies of entrepreneurs, domestic and multinational firms,
governments, and international organizations facing increasing
globalization. The ongoing process of globalization implies the
continuing expansion and intensification of economic, political,
social, cultural and judicial relations across borders. It is
furthered by reductions in transportation and communication costs,
the rise of new information technologies, such as the internet, and
liberalizations in the markets for goods, services, labor, capital,
and technology. Globalization presents new opportunities to some,
but risks and threats to others. The volume presents new research
and findings by leading scholars on international trade, labor
markets, financial markets, economic integration, political
science, law, management, the humanities, developing countries, and
international relations.
This volume uses cutting-edge theory and empirical analysis of
channels of international interaction to build new knowledge about
strategies of entrepreneurs, domestic and multinational firms,
governments, and international organizations facing increasing
globalization. The ongoing process of globalization implies the
continuing expansion and intensification of economic, political,
social, cultural and judicial relations across borders. It is
furthered by reductions in transportation and communication costs,
the rise of new information technologies, such as the internet, and
liberalizations in the markets for goods, services, labor, capital,
and technology. Globalization presents new opportunities to some,
but risks and threats to others. The volume presents new research
and findings by leading scholars on international trade, labor
markets, financial markets, economic integration, political
science, law, management, the humanities, developing countries, and
international relations.
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